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India’s retail market to cross ₹190 lakh crore by 2034

March 2, 2025, 11:24 AM - 3 min read

India’s retail market is projected to cross Rs 190 lakh crore by 2034, with digital expansion and evolving consumer trends driving growth. Retailers who adapt to India’s diverse demographics and contrasting purchasing behaviours stand to gain the most, according to a joint report by BCG and RAI.

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